WeRide (WRD) - Net Assets

Net assets on the balance sheet as of June 2024 : -₹42.8 Billion

According to WeRide's latest financial reports the company has -₹42.8 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

WeRide - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-₹35.95 Billion	43.88%
2022-12-31	$-₹24.99 Billion	121.37%
2021-12-31	$-₹11.29 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Uber UBER	₹1.400 T	-3,373.49%	🇺🇸 USA
Lyft LYFT	₹55.54 B	-229.80%	🇺🇸 USA
DiDi DIDIY	₹1.302 T	-3,142.57%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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WeRide (WRD) - Net assets

Net assets on the balance sheet as of June 2024 : -₹42.8 Billion